St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-12-19
STEADY TO A FINISH.
The Close of the Year Tones Up the
Real Estate Traffic.
DEALERS HAPPY, AS USUAL.
Gossip Of the Situaiion---Loealifies and
Their Specialties---Fransfer and
Building Records.

AS the end of the year approaches the
outlook in the real estate market be-
comes quite reassuring, most OF the
offices reporting good demand and
plenty of sales of small character IN
operation all the time. There has not
been much change in the direction that
buildings are tending TO curing the
past year. Business property is always
steadily in demand in the district lying
I between Fourth avenue north and
Fourth avenue south. Fourth street
promises soon to be a big rival to Nc
OIlet avenue. especially as an office
street and retail stores as well. Resi-
dence property does not seem to
cOnfine itself to any particular
locality. The north side has
Highland Park. 4 greatly patrOnized
section. The south side boasts the
Playground addition. whichis steadily
improving every month both in the
buildings going up and the laying out
~Sf the streets and general improve
4nentS. Third street and First avenue
north are being largely devoted to
wholesale buildings and include the
handsome Newell block now completed,
and the large bui ding for the North
Star Boot and Shoe company. Manu-
factories and shops seem TO bunch
largely in the northeast section OF the
city where the 500 shops are already
established. and there is talk of large
wagon works coming to DE established
nearby in the future.
TRADE TALK.
r. l.. Berglund has bought lease of
the A feet on Hennepin near Fifth
street. now occupied by the rOOkeTieS
numbered 42O ami 80. The price paid
for the lease Of the property was
SlO.O00 and the time uinety-uine years.
1t IS to be hoped the cid building will
be demolished. and it appears it is the
intention of Gir. BergiunG to erect
handsome tiye-StUry brick building that
will be an ornament to the street. Mr..
Mortimer reports the prospects are
good for the rebuilding OF the Apart
ment house when the Insurance people
finally adjudicate on the matter. Mr..
Bartlett, OF Marsh < Bartlett. is of the
opinion the market is in Il first rate
condition and promises splendid bust
ness for the Sprinc. He saws their house
has done splendidly the past week. al
thOugh-EOne OF the deals were OF very
large figure. but rather number OF
small trades that aggregated quite
handsome sum. \. /. Smith, the we'll
known dentist. Yesterday sold a yalua-
BILE piece of property. which fetched
a high Drice-siXty-SiX feet selling at
800 a foot. is situated at the corner
of ) lXth street and Fourth avenue south,
and known as lot 10. block 217. 1t is
rum0red Il handsome building will be
erected next spring on the ground.
The deal involving the sale of
the block of residences at the
corner of Ninth street and Mary Place,
and owned by William FrakeltOn is eX-
pected to be cOuSUmmated next Monday
or Tuesday. The property is worth
S15.0uO. The owners have commenced
eNcayating Tor the rolling mill al West
Minneapolis The beautiful weather
permits building which is quite active.
Friday permits were issued for nine
buildings to cost 100000. The Hubbard
residence 9l6 Sixth avenue south. mas
been sold for $1,000. 1t has ninety-twO
feet frontage. J. +. COllum has taken
cut permit for two three-Story build
ings on Lake street near Cedar avenue
to cost $1,000.
TIE RECORDS.
Following is q tabulatod list showing
tie business transacted Tor last week
and the comparisons with the previous
week in building permits and real
estate transfers.